Flydubai to mandate lessors next month

London
Source: Flightglobal.com
This story is sourced from Flightglobal.com

Flydubai expects to mandate operating lessors by the end of this year for its request for proposal (RFP) covering three new Boeing 737-800s, sources indicate.

The Dubai-based carrier issued the sale and leaseback RFP earlier this year and is currently in negotiations with a number of leasing companies, say sources.

Under the terms of the RFP, the first 737-800 is due to join the fleet in April 2013.

In February 2013, Flydubai will also approach the debt market with another RFP for commercial bank funding. The RFP will cover another three 737-800s also scheduled for delivery next year.

Flydubai received a new 737-800 earlier this month under US Export Import Ban- guaranteed financing with the Private Export Funding acting as the arranger. The 737-800 is the second of a three-aircraft package. The final 737-800 is due next month.

According to Flightglobal's Ascend Online database, Flydubai has a 29 737-800s in its fleet and 24 more on firm order.